Aritzia Inc. (TSE:ATZ) Given Average Rating of “Hold” by Analysts

Shares of Aritzia Inc. (TSE:ATZ) have earned a consensus rating of “Hold” from the six ratings firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$34.56.

Several research analysts have issued reports on the company. Stifel Nicolaus upped their price objective on Aritzia from C$32.00 to C$40.00 and gave the stock a “buy” rating in a report on Friday, September 29th. UBS Group cut their price target on Aritzia from C$41.00 to C$38.00 in a research note on Wednesday, September 13th. TD Securities cut their price target on Aritzia from C$32.00 to C$26.00 and set a “hold” rating on the stock in a research note on Friday, September 29th. Royal Bank of Canada cut their price target on Aritzia from C$46.00 to C$41.00 and set a “sector perform” rating on the stock in a research note on Friday, September 22nd. Finally, BMO Capital Markets cut their price target on Aritzia from C$37.00 to C$32.00 in a research note on Friday, September 29th.

Aritzia Stock Up 1.1 %

TSE ATZ opened at C$24.06 on Friday. The firm has a market cap of C$2.17 billion, a PE ratio of 23.13, a price-to-earnings-growth ratio of 1.19 and a beta of 1.56. Aritzia has a one year low of C$20.67 and a one year high of C$52.24. The stock’s 50 day simple moving average is C$23.18 and its 200 day simple moving average is C$28.33. The company has a debt-to-equity ratio of 121.98, a current ratio of 1.23 and a quick ratio of 0.19.

Aritzia (TSE:ATZ) last posted its quarterly earnings data on Thursday, September 28th. The company reported C$0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of C($0.10) by C$0.12. Aritzia had a return on equity of 18.65% and a net margin of 5.29%. The firm had revenue of C$534.19 million for the quarter, compared to the consensus estimate of C$522.35 million. As a group, sell-side analysts forecast that Aritzia will post 1.8338415 earnings per share for the current fiscal year.

Insider Activity at Aritzia

In related news, Senior Officer Philippa (Pippa) Morgan sold 10,000 shares of the company’s stock in a transaction on Friday, August 25th. The shares were sold at an average price of C$24.59, for a total value of C$245,900.00. 0.41% of the stock is owned by corporate insiders.

About Aritzia

Aritzia Inc, together with its subsidiaries, designs and sells apparel and accessories for women in the United States and Canada. The company offers t-shirts and tops, sweaters, shirts and blouses, bodysuits, sweatshirts, blazers, jacket and coats, and dresses; pants, denim, leggings and bike shorts, sweatpants, skirts, shorts, sweatshorts, and jumpsuits and rompers; accessories, such as socks, hats, bags, scarves, belts, and intimates; swimwear; and shoes.